It could be a matter of concern that foreign shareholders of the NSE are registered in tax havens such as Mauritius and Cyprus.
Viom Networks is planning to raise arouns Rs 1500 crore (Rs 15 billion) and is likely to list its shares on the London Stock Exchange (LSE), say sources.
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Of the 11 licence holders, only eight remain in the fray as concerns about profitability and rising competition are making them think twice before jumping in.
BSE Sensex ended at 25,549.72 up by 321 points or 1.27% and the Nifty ended 7624.40 up by 97.75 points or 1.30%.
Sensex rose 5.8% this year, against a 3.2% rise in Nifty; Axis Bank inclusion may blunt Sensex edge
Most investors find it very hard to understand when markets have over-extended themselves and look for data points to understand when a correction is due.
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Since April 1, promoters of Jaiprakash Associates have released more than 225 million Jaiprakash Power Ventures shares (valued at Rs 425 crore) pledged with lenders.
Rajan, as expected, furthered his predecessors' agenda and continued with the same resolution to make India's financial system safer, and direct the economy towards further liberalisation
With over Rs 15,000 crore in deposits, its strategy is a hit for now, but the real test will come when it starts lending to retail and corporate customers in a big way
Investors prefer exits with lower valuation to staying invested for a longer term
The Street is especially looking forward to the management commentary to get a sense of its new direction
The niche banks - small finance and payments banks -have been set up to further the regulator's objective of deepening financial inclusion.
What explains Vijay Shekhar Sharma's optimism when other players have started to tread cautiously is Paytm's huge customer base: It has 120 million users and counting, says Nivedita Mookerji.
Maran's penchant for taking risks was visible last year again when he acquired Indian Premier League's Hyderabad cricket franchisee and named it Sun Risers.
Jaypee, Essar, GMR, GVK, Lanco, Abhijeet groups debt rise despite falling cash flow, says UBS
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
This is the first time in the RBI's history that a governor is leaving without willing to renew his contract
Benchmark share indices ended at record closing highs, amid a volatile trading session on Monday, with IT majors leading the gains.
Indian cricket, it seems, pays overwhelming obeisance to a vapid, old adage: The more it changes, the more it remains the same.
Mudra Bank will be a Rs 20,000-crore institution, which would "primarily be responsible for refinancing all micro-finance institutions.
Bajaj Finserv has few opportunities and challenges to overcome in 2015.
As the teachers began gaining confidence, it also drew the attention of other women in the community, leading to greater demand for teaching jobs.
Describing India as an "emerging democratic superpower", Australian Prime Minister Tony Abbott on Thursday kicked off his two-day India visit during which the two countries are likely to clinch an elusive civil nuclear deal.
Control over PSU banks is what is allowing the government to drive this scheme.
With a sole mandate of inflation targeting, RBI wears many hats.
Medha is an organisation created with the idea of bringing in better employment opportunities and life for educated youth.
Budget in the medium term aims to kick-start the investment cycle.
The Bharatiya Janata Party regime will have to make good on this election slogan to restore state-owned banks to health, says Rajiv Lall.
Eleven years on, while 80% of scam-hit investors have been fully compensated, more than 50% of the sum is yet to be distributed.
Tamal Bandyopadhyay discusses his latest book Bandhan: The Making of a Bank at Bandhan headquarters in Kolkata.
In an online chat with readers on August 10, Vidya Bala, Vidya Bala, head of mutual fund research at FundsIndia, answered their queries. For hose who missed the chat, here is the transcript.
Infra major GMR is hopeful of maintaining strong order book.
The fragmentation of politics and the pressures of coalition management have contributed to a near-secular rise in budgetary social expenditures and spending on subsidies since 1991, leaving little fiscal space for government-led capital investment.
As rural demand tapers, companies are back at the drawing board, firming up plans to beat the unexpected slowdown in sales.
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
In an hour-long chat on rediff.com on Friday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.
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